UAE Civil Transactions Law

Article 1356

Book Four: Real Securities · Section Two: Possessory Pledge · Chapter One: Definition and Creation of a Possessory Pledge

If an undivided share in an immovable property or the like is pledged, the pledgee shall take possession of the whole if the remainder is owned by the pledgor. If it is owned by another, taking possession of the pledged share shall suffice.

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